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Housing starts unexpectedly plummet to lowest level since 2020

Por: Fox Business Business September 19, 2023

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GuideStone Capital Management President and CIO David Spika discusses the markets, inflation, and how the latest jobs report reflects the current state of the economy. New U.S. home construction dropped in August to the lowest level since 2020, underscoring the ongoing challenges facing the housing market. tumbled 11.3% last month to an annual rate of 1.28 million units, according to new Commerce Department data released Tuesday. That is well... + full article



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